 鲜花( 0)  鸡蛋( 0)
|
--------------------------------------------------------------------------------2 F6 A& Q/ G: d$ U4 ~4 f
Below is an Interesting article I found, which says that.....Do not 3 C. s, a+ d& Q4 R, `0 e
expect much from Crude Oil producers and future is not with the
2 \% Q* R6 |. Icompanies producing Jet fuels but Biofuels. Also no wonder if some of
6 D! u. _$ x) k! u" G! a( lthese oil producer will go bankrupt or out of the business even if
$ @* d; L% s3 V% W Ycrude prices improves. This implies also to good names such as Shell, ' ^ v2 J0 a2 z/ q1 }" p: }
EXXON, BG, BP, Cheveron ....xyz.. oils / H0 s- ]2 T3 u* s4 B
' P' P/ J% a! X; a8 z# s' S
Recently OPEC reduced crude oil production twice over just a few
' g' Z! q3 a8 b, w, A; |7 ~months. There are three wars going on in Gaza, Iraq and Afghandistan.
: l; d; m# q& DA year ago these things would have spiked the price of crude oil by at 7 P3 e4 G# s# B
least $50.00 per barrel. Today, oil price declined by a record amount. . ]# K0 ]1 S0 a1 L; L' b! ^4 ^% `
I- j7 y0 A+ ^( N
% i8 l2 W- R, d! R7 u l2 z3 p
There are several reasons the price of oil is decreasing in the face
7 Y* ?$ n- v* B0 P4 nof so much news. These reasons are:
! J) t6 e5 w& K* J7 S# `
& J" |7 J. w" \3 M/ ~4 [( S/ c! b
k" b. s6 a' J/ l s0 A1. New oil has been found in Canada, Montana, North & South Dakota and
- O, A9 T. _/ `9 min the ocean near Brazil. Each of these oil fields has more oil than 7 U4 o. ~2 Y$ \- s1 M
Arabia. ) s q2 u/ G/ ^+ l+ p. |
( Y) b9 ?8 L# q( Y
! _* v9 Y o5 h( x6 _# b2. New natural gas has been found in Pennsylvania and West Virginia.
3 \# G3 p7 O- Z; F; u. \This is the largest find in North America.
0 E. S& l( z/ B; L. [1 y) j9 J8 o0 b
/ P. W! |3 M2 K* J' K" \8 x' ?( O: V; k+ z0 G8 [( }
3. New methods of injecting CO2 and surfactants into oil wells is
i% M- E$ g% Xbeing used to double their output. 3 M) B. p2 L2 U/ ?3 q& G
) ]/ G, u# i3 D; P# {1 A
X( z) |" s8 s: N; {+ c, }; W4. Production of bio-fuels is beginning to reach critical mass. Bio
0 i: q# v- q( H7 s8 L. Xfuel is being produced from many plants and algae. The production
' v2 A; w5 ~' O bpotential per acre in some cases is astounding. Many countries are
) z G. r+ O( }racing to produce bio fuels. 9 A0 s3 }/ T" P+ p4 c r6 p |
# j% V, s& L z' P
. q+ Q% H; e L% K6 Y. @
5. Virtually every restaurant in the US and all food processing plants
7 ~, ~+ w. K4 r( Oare now selling their used oil to bio-diesel producers. Every pork,
9 r7 z8 y' x1 v0 _cattle, turkey and chicken processing plant will soon sell their fat : e4 o% S) l$ Q( x, {1 _: `$ h
to bio-diesel producers. One pork processing plant in Oklahoma is 9 i; k' p- Q( U' F* Q# i! E* d* j
producing 30,000 gallons of bio-diesel per day from pork fat. 7 Q' \: u" B! T
! l( P+ e! O" C4 P/ L2 R6 m J
: o! i, t0 [2 S3 ]
6. There are 99 nuclear reactors in various stages of planning and 4 s1 l+ V, x3 N
construction around the world at this time. Several hundred more are
8 m2 V, ?. v6 D% \! O) h8 ^expected to be built in the future. Much of the energy they produce ! t2 F: G0 k& `8 Y$ y
will replace oil. ) o) ]& S1 Z i* ~ B* F
" v$ J" L7 g/ E* T. s0 w! {# u& F' O) G* _0 T
7. Every company in any form of transportaion business is replacing 8 L, W, B# }1 q; G( B
older equipment such as trucks, airplanes, train engines, ships, etc. 7 l2 d( i8 N; J& B# z
with new more fuel efficient equipment. Airlines and railway companies
# ?3 v: a1 ?! v8 A* J) gare experiencing 20% to 25% better fuel econony with the new , c u- K3 @: ~
equipment. * M/ m+ s1 ^9 c6 a
% ]' }6 \! J# A$ e( T! T" L
" p; O, v0 ?/ {5 z) I6 [Airlines are flying airplanes with bio-fuel. They are finding the bio- + c) }' o) u7 t
fuel is cleaner and performs better than jet fuel. ; c* a3 Q6 A. x6 u( c
4 w4 D/ J F: x+ ~6 y! }
/ M% L, m/ X% I. S8. Cities and counties throughout the US are selling the rights to
, N: v( O( U, o$ I+ d7 R6 g1 Qcapture methane gas from landfills. This is a huge source of gas
9 d5 |6 I' Z/ @* Z" J+ ^available at very little cost or risk. The gas is displacing crude % g' m) M% v% Z9 u
oil. ! ~( v0 w* s9 Z8 O
; O$ m0 c( P+ e/ Q. e1 j& A6 a+ h/ x ]5 E, Q. H* A1 W
9. Coal is being transformed into a clean burning liquid fuel. The CO2 : H& N' l* c7 s
produced as a byproduct is sold to oil companies for injection into % L* h7 t. z: b" |
oil wells.
% f- O0 A4 P, z5 ?2 D/ B
/ a4 h# q) j! ]. L. E M$ }& p
: b: Y& y2 u! ^& ^& T10. Solar, wind and ocean energy is displacing oil as an energy
- w$ b6 `* C7 vsource. Three new wind turbines are being erected every day in the US.
2 c# Z# k7 D% A. _; k1 }5 H' V d) R
$ s& [0 R: F$ u+ Z2 o/ S! p0 S6 [1 Y6 `( N6 j2 i
Each of the above by itself will not make a large difference in the % A/ M& ?0 H1 T- Z# H! t
price of crude oil but the sum of all of them together is world ; |4 \' S# O' m2 |7 a; T. w
changing. The important thing is that OPEC no longer has the ability
, `: R6 l1 c8 ?6 e9 H- |9 G+ p) {; Wto control oil prices. % }9 t5 a, t n0 f' ]4 O) L
/ b7 L1 @; n8 {, |! r
1 m; W, F2 x" F+ I( m8 ~( z) `/ JWith the above scenario, I still believe that there are under 4 r1 g7 f H' i Y' w2 q) Q, F. @
performed OIL companies and probably they are yet to get the justified
# f( i+ B: H: H( s; bvalue ..... ! n* p* L/ N0 [6 y N' W# d s
IAE- Ithaca , EPL Energy Partners Ltd, Opti etc ...
8 K5 L4 e, D4 p$ E1 k x3 ^7 P. p2 D9 j
. Q/ h5 E7 f0 |9 | P4 XThe above articles are from WSJ .............PUBLISHED ON 9TH JAN
0 b8 N7 O; _3 I5 P( a! _8 Y# v2009 ... FYI-Only |
|
狗仔卡
发表于 2009-1-13 18:58
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡